Today, Hive token is pumping as one of the largest South Korean exchange adds the Hive/KRW pair.
In many ways, after successive global listing, Hive is now going local with this new Korean Won pair. The announcement can be found on Upbit's Korean website:
This simple listing has activated new sets of buyers. It has eventually led to an incredible pump — within few hours as you can see:
What does this mean? A couple of important things:
Hive is now listed on several popular exchanges: Bittrex, MXC, Huobi, Probit, Upbit, and Binance. This means more liquidity.
Hive will eventually regain its trading volume. Was less in the last couple of weeks.
More attention. Price attract people, so we will witness old users reactivating themselves and new users coming in.
Bright future. The Hive ecosystem will develop faster and reach wider. It also brings massive excitement.
Perhaps that is why I am writing this post. Also, if you didn't know, such listing on Upbit has always pushed the price up:
I also noticed Hive transaction (worth 1.3 million dollars) transferred internally by the exchange.
Overall, another worthy achievement. Apart from the price flunctuation, we will also witness more liquidity — more new users — increased visibility — and long-term growth.
Good times continues! 🔥
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